100
100
Nov 30, 2012
11/12
by
CNBC
tv
eye 100
favorite 0
quote 0
boehner? >> it depends on what the headlines are. so the president said the clear majority voted for a balanced approach. but there's a lot of debate about what that means. representative boehner i thought was much more into fighting words over there. listen to what he said. increasing the tax rates is the wrong approach to take. he said there was a stalemate in the talks with the white house. look at the dow industrials. we did move down around 25, 30 points as his comments came out. he said we're almost nowhere in the talks. sitting right near the lows for the day. if you look at the overall sectors that are moving today, pretty much balanced on either side. pretty much even on the balance-decline line. worries about higher taxes on dividend paying stocks seem to be -- >> lows for the day but not violent downstrokes here. >> i think the problem is we'll have trouble moving into positive territory at the close. a lot of concerns about headline risks over the weekend. we could be down 10, 15 on the s&p monday morning on something tha
boehner? >> it depends on what the headlines are. so the president said the clear majority voted for a balanced approach. but there's a lot of debate about what that means. representative boehner i thought was much more into fighting words over there. listen to what he said. increasing the tax rates is the wrong approach to take. he said there was a stalemate in the talks with the white house. look at the dow industrials. we did move down around 25, 30 points as his comments came out. he...
88
88
Nov 30, 2012
11/12
by
CNBC
tv
eye 88
favorite 0
quote 0
still to come, speaker boehner set to make comments on the cliff. a big debate. doug holtz eakin and harold ford jr. will battle it out over how to solve this thing. final trades when we come back. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's sol
still to come, speaker boehner set to make comments on the cliff. a big debate. doug holtz eakin and harold ford jr. will battle it out over how to solve this thing. final trades when we come back. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares...
267
267
Nov 30, 2012
11/12
by
CNBC
tv
eye 267
favorite 0
quote 0
>> i think there's no volatile ty on boehner's comments because geithner's comments were out there last noor nigight for eveo see. we're not going to hear anything sensible. now it becomes a time clock issue. i think sometime around the third week in december if you think the last hour was volatile going from minus 20 to plus 4, you ain't seen nothing yet. all the guests like the economy. i'm not disputing good things, but gdp didn't have a lot of consumption. today, personal income and spending, the spending was down a couple tenths. next week we have two jobs reports. one could argue the combination might be barely above the 171 from just the bls last month. people can't spend without jobs. same old story in my opinion. >> yeah, but david kelly, what about that? i know you don't want to be a short-term trader and have these knee-jerk reactions. let's face it. if we go over the fiscal cliff and this market takes a hit, i mean, there's a lot of room for disappointment in this market. this market is trading as if a deal gets done by the end of the year. if we don't, we could see a sizabl
>> i think there's no volatile ty on boehner's comments because geithner's comments were out there last noor nigight for eveo see. we're not going to hear anything sensible. now it becomes a time clock issue. i think sometime around the third week in december if you think the last hour was volatile going from minus 20 to plus 4, you ain't seen nothing yet. all the guests like the economy. i'm not disputing good things, but gdp didn't have a lot of consumption. today, personal income and...
66
66
Nov 30, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
representative boehner says we're almost nowhere on the talks. this is where it happened right here. have you noticed that we've gone essentially in where? this is a very, very small trading range that we are in. this is not statistically significant. senator mcconnell says the white house offer was almost comical? that's like insulting commentary back and forth to each other. senator mcconnell said there's nothing better going on privately. nothing going on privately? and the market didn't really react. you could see this is discouraging to see all this mud slinging but i'd go with what the market is saying. so far they still believe that number one, a deal is going to happen sooner than later and that it will be substantive. i'd hold on here before anybody gets too concerned. on the week if you just look at the trading patterns here, you can see the sector hurt the most on the worries about higher taxes, utilities has. the best week far and away. it's really bounced back now. other sectors are sort of on the mixed side. by and large, we're abou
representative boehner says we're almost nowhere on the talks. this is where it happened right here. have you noticed that we've gone essentially in where? this is a very, very small trading range that we are in. this is not statistically significant. senator mcconnell says the white house offer was almost comical? that's like insulting commentary back and forth to each other. senator mcconnell said there's nothing better going on privately. nothing going on privately? and the market didn't...
211
211
Nov 30, 2012
11/12
by
CNBC
tv
eye 211
favorite 0
quote 0
i think the response by boehner was appropriate. disappointment and totally unrealistic. >> you made it very clear that -- guy said -- you walked away from the talks. no, no, no, no. he said no. >> they have to give a numbers -- do the republicans have -- >> no, no, no. >> it is still -- up to obama -- >> they are so far off the mark. a lot of the comments -- you shouldn't be following it day by day because it is ridiculous. i mean, there's bluffing, will's posturing. so this isn't serious. i mean, if you were in a business deal you wouldn't be going public with this stuff. i mean, the conversation would be more serious. and you would be closer. they show that deal. >> i don't even understand how we get to what you just talked about which is close to simpson-bowles from where we are right now. i mean -- i understand that that might the best thing for the country. based on where the talks have gone to this point -- >> remember, last summer, they got close to simpson-bowles. when the deal broke apart. >> we are a lot farther away from
i think the response by boehner was appropriate. disappointment and totally unrealistic. >> you made it very clear that -- guy said -- you walked away from the talks. no, no, no, no. he said no. >> they have to give a numbers -- do the republicans have -- >> no, no, no. >> it is still -- up to obama -- >> they are so far off the mark. a lot of the comments -- you shouldn't be following it day by day because it is ridiculous. i mean, there's bluffing, will's...
253
253
Nov 30, 2012
11/12
by
CNBC
tv
eye 253
favorite 0
quote 0
we still have public posturing politically from speaker boehner and the president. do you make anything of that? is the market becoming immune to the public outcry or what? >> you know, i don't know about the public outcry issue, but i can tell you this. it doesn't surprise me that on a friday the stock market would pay less attention to the tape bombs than other days because of the weekend and the issues of trading and any surprises that come up. i would doubt if you're going to even see much movement in the last hour. treasuries, on the other hand -- well, actually, they're very similar. but where you start to see something different is as our guest was talking about. move outside of treasuries. if you look at barclays, whether it's their high-yield index or investment index, they're not at their best levels, but they've been big movers. the biggest issue is the taxes surrounding munis. that was started in '07. all-time new highs today. even if you look at the lipper or barclay indices, it reflects the same thing. in a way, it's sad. in a way, it isn't. it undersc
we still have public posturing politically from speaker boehner and the president. do you make anything of that? is the market becoming immune to the public outcry or what? >> you know, i don't know about the public outcry issue, but i can tell you this. it doesn't surprise me that on a friday the stock market would pay less attention to the tape bombs than other days because of the weekend and the issues of trading and any surprises that come up. i would doubt if you're going to even see...
136
136
Nov 30, 2012
11/12
by
CNBC
tv
eye 136
favorite 0
quote 0
gary, boehner i think is going to talk later this afternoon too. >> the markets will move as we pointed out yesterday for whatever it is worth it will move on this. i have to tell you reflecting on today's show, obviously chris waddell blows me away. david kostin realistic. the guy has been right more than wrong and has good reasons for his thesis which is what is most important. i will tell you this. i'll be out next week but i am putting together my 2013 we all have to do it at cnbc.com, my 2013 outlook piece and what i chose to do was go and speak to the people that have been the most right, the best experts i've spoken to all year. i have to tell you most people in that kostin camp up
gary, boehner i think is going to talk later this afternoon too. >> the markets will move as we pointed out yesterday for whatever it is worth it will move on this. i have to tell you reflecting on today's show, obviously chris waddell blows me away. david kostin realistic. the guy has been right more than wrong and has good reasons for his thesis which is what is most important. i will tell you this. i'll be out next week but i am putting together my 2013 we all have to do it at...
237
237
Nov 30, 2012
11/12
by
CNBC
tv
eye 237
favorite 0
quote 0
speaker boehner nose knows we need an agreement. three, this is the rare period in american politics where you can have governance with less politics. number four, you have a forcing mechanism. that happens very rarely, so those -- all those factors come together. i believe one of these weekends the president and speaker will get in a room and desire this things. >> we were there in the summer of 2011. we were there. i'm not saying it was i had k58, but the speaker and the president were very, very close. last question, judd gregg, why do you think it will work this time when it didn't work in the summer of 2011? >> this is the advantage of both sides to govern. we're note leading up to an election. >> it's better to do it after an election. >> people want the country to be governed. >> a real deal or establish another cliff? >> the first step will be very significant i think. the second step will be directions to the ways and means and finance committee on tax reform. >> this could be done without destroying the economy, but you ar
speaker boehner nose knows we need an agreement. three, this is the rare period in american politics where you can have governance with less politics. number four, you have a forcing mechanism. that happens very rarely, so those -- all those factors come together. i believe one of these weekends the president and speaker will get in a room and desire this things. >> we were there in the summer of 2011. we were there. i'm not saying it was i had k58, but the speaker and the president were...
160
160
Nov 30, 2012
11/12
by
CNNW
tv
eye 160
favorite 0
quote 0
including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the house of representatives said just earlier this week we'll all pass that. i agree with him. secondly, the republicans have agreed that we need to have some sort of balance, more and more republicans are saying we need to have revenues. you cannot do it simply with cutting spending. thirdly, i don't think that anybody wants to hurt the vulnerable in america. >> no, i think -- but the question, the question here is, is on the issue of taxes for instance. the president proposed tax cuts -- i'm sorry tax increases that went beyond what th
including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the...
121
121
Nov 30, 2012
11/12
by
CNNW
tv
eye 121
favorite 0
quote 0
so boehner has said he would accept a tax increase of $800. the white house plan is asking for $1.6 trillion, which is double that. why did president obama put forth such an aggressive plan, as many are calling it? this is really a serious offer. >> first of all i'd like our republican friends to stop a war on the working people of america. that is what the ultimate nonaction will impact. i think the president has made it very clear that he is responding to the affirmation of his position on november 6th, 2012. but he is not in any way hesitant to negotiate. $2.4 trillion were the bush tax cuts that resulted in this enormous deficit, because in the 199os, we had a $5.6 trillion surplus. what the president is trying to do is to give relief to working people, and as well provide revenue to continue to support the needs of this nation. such as mayor bloomberg, who's just come to washington and asked for an enormous amount of money, rightly so, to help those who've been victims of hurricane sandy. so the president is not in any way suggesting that
so boehner has said he would accept a tax increase of $800. the white house plan is asking for $1.6 trillion, which is double that. why did president obama put forth such an aggressive plan, as many are calling it? this is really a serious offer. >> first of all i'd like our republican friends to stop a war on the working people of america. that is what the ultimate nonaction will impact. i think the president has made it very clear that he is responding to the affirmation of his position...
247
247
Nov 30, 2012
11/12
by
CNNW
tv
eye 247
favorite 0
quote 0
john boehner versus the president of the united states. and we want to just look at the sound bites from today and talk about how much of this is posturing and how much of this is sort of revealing a bottom line. let's listen. >> when i came out the day after the election and make it clear that republicans will put revenue on the table, i took a great risk. and then the white house spends three weeks trying to develop a proposal. and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean, it was not a serious proposal. and so right now we're almost nowhere. >> -- this should come as a surprise to anybody. we had debates about it, a lot of tv commercials about it. and at the end of the day a clear majority of americans, democrats, republicans, independents, they agreed with a balanced approach to deficit reduction and making sure that middle class taxes don't go up. f
john boehner versus the president of the united states. and we want to just look at the sound bites from today and talk about how much of this is posturing and how much of this is sort of revealing a bottom line. let's listen. >> when i came out the day after the election and make it clear that republicans will put revenue on the table, i took a great risk. and then the white house spends three weeks trying to develop a proposal. and they send one up here that calls for $1.6 trillion in...
136
136
Nov 30, 2012
11/12
by
CNNW
tv
eye 136
favorite 0
quote 0
yesterday, john boehner moved the markets higher. it was joyful talk about a possible deal, but today, it was like a break-up over tax. he went from love to disgust. here he is right after tim geithner put that deal on the table. >> no progress has been made in the talks between the white house and the house over the last two weeks. >> all right. that's pretty grim. stocks lost early games on that news and the day went downhill. harry reid slapped back. >> still waiting for a serious offer from the republicans. >> so, they agree on something. no progress. but then it actually went beyond that. reid got a little personal. >> i don't understand his brain so you should ask him, okay? >> funny, but really not so funny. so what happens when the men in charge start throwing sand in the sand box? we just go over the cliff like some are now suggesting? recall what err skine bowles said two weeks ago. >> i think that's crazy. you know, why would you bet the country? really bet the country by going over this fiscal cliff. >> crazy? betting the
yesterday, john boehner moved the markets higher. it was joyful talk about a possible deal, but today, it was like a break-up over tax. he went from love to disgust. here he is right after tim geithner put that deal on the table. >> no progress has been made in the talks between the white house and the house over the last two weeks. >> all right. that's pretty grim. stocks lost early games on that news and the day went downhill. harry reid slapped back. >> still waiting for a...
295
295
Nov 30, 2012
11/12
by
CNNW
tv
eye 295
favorite 0
quote 1
john boehner is reswrekting the president's michelle proposal involving the fiscal cliff. let's lisp in. >> the president in the coming days. during the campaign the president pledged to american people that he would seek a balanced approach to addressing the debt with a combination of new revenues and spending cuts. the day after the election i said the republican majority would accept new revenue as part of a balanced approach that includes real spending cuts and reforms. now, the white house took three weeks to respond with any kind of a proposal, and much to my disappointment, it wasn't a serious one. still, i'm willing to move forward in good faith. our original framework still stands. instead of raising tax rates, we can produce similar amount of revenue, reforming the tax code to close loopholes and lower tax rates. it's far better for the economy when the american people paver on that approach by 2-1. they favor it eep more when we can also show them that real spending cuts will, in fact, reduce the deficit. now, there have been many conversations over the last cou
john boehner is reswrekting the president's michelle proposal involving the fiscal cliff. let's lisp in. >> the president in the coming days. during the campaign the president pledged to american people that he would seek a balanced approach to addressing the debt with a combination of new revenues and spending cuts. the day after the election i said the republican majority would accept new revenue as part of a balanced approach that includes real spending cuts and reforms. now, the white...
1,154
1.2K
Nov 30, 2012
11/12
by
CNNW
tv
eye 1,154
favorite 0
quote 0
house speaker john boehner not so happy about it. let's listen for a minute -- >> listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> well, republicans are reportedly planning their own fiscal cliff pr campaign designed to show that the democrats are simply digging in, they're being stubborn, election is over, shouldn't both sides be focused on doing the job they were elected to do. how do you see it? >> look, you're going to have a bunch of rallying on both sides and some of this is theatrics. it's christmastime. you know how you tell your kids you have to be really good or santa's not going to give you what you want but you know you will buy them the new ps-3 anyway. that's what's going on. both sides realize it's political death for either side for us to go over this fiscal cliff, so barack obama's going to rally his side, republicans will ra
house speaker john boehner not so happy about it. let's listen for a minute -- >> listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> well, republicans are reportedly planning their own fiscal cliff pr campaign designed to show that the democrats are simply digging in, they're being stubborn,...
90
90
Nov 30, 2012
11/12
by
CNNW
tv
eye 90
favorite 0
quote 0
i just can't imagine that happening with barack obama and john boehner. they just seem complete polar opposites. >> as you suggested, obama doesn't really have an appetite for this sort of thing. we saw that last time around and if you read bob woodward's "the price of politics" it's one of the themes that comes through loud and clear. he's doing some things differently this time, though and one thing that i think is very interesting, he's taking his case to the american people and doing it day after day. all of us have talked on this show and other places about how bad the president has been in the past on selling what he wants to happen, on explaining his policies and really bringing people around to them. and we see him now trying to do that in a more forceful way than he's done in the past. and that may strengthen his hand further. >> also, do you think -- sorry. ross, do you think the deal in the end when it gets done, as it obviously will get done at some stage, do you think the republicans will by then, whether they want to or not, have moved on th
i just can't imagine that happening with barack obama and john boehner. they just seem complete polar opposites. >> as you suggested, obama doesn't really have an appetite for this sort of thing. we saw that last time around and if you read bob woodward's "the price of politics" it's one of the themes that comes through loud and clear. he's doing some things differently this time, though and one thing that i think is very interesting, he's taking his case to the american people...
128
128
Nov 30, 2012
11/12
by
CNNW
tv
eye 128
favorite 0
quote 0
$1.6 trillion in new tax revenue, which probably gives us a bit more context to house speaker john boehner's response to all of this yesterday. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> so, let's not forget here just how close we are to this cliff. cliff day is 32 days away. you might say we're kind of teetering, regardless of what the republicans think, regardless of how loud they may be laughing, the president is awalking. he's taking this pitch on the road, and he is heading as we speak to a suburb in philadelphia to tour a toy factory and give a speech there. but this is not just your average factory. it's not just your average tour. it's not your normal glad-handing here. in fact, the republicans are saying this is just president obama campaigning. they're angry that he's off selling this proposal to the public instead of sitting down at the table with them and negotiating back in washington. it's a great shot, though, to watch marine one take off regardless of how you feel about it. dan lothian gets to watch
$1.6 trillion in new tax revenue, which probably gives us a bit more context to house speaker john boehner's response to all of this yesterday. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> so, let's not forget here just how close we are to this cliff. cliff day is 32 days away. you might say we're kind of teetering, regardless of what the republicans think, regardless of how loud they may be laughing, the...
318
318
Nov 30, 2012
11/12
by
CNNW
tv
eye 318
favorite 0
quote 0
here is boehner. >> the white house spends three weeks trying to develop a proposal and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount they're willing to cut. i mean, it is -- it was not a serious proposal. and so right now we're almost nowhere. >> what we will do is continue to take this as a serious matter. this is not a game. we're not interested in playing rope adope. we're interested in trying to solve the problem for the american people so that we don't see taxes go up on anybody, so that we can engage in tax reform, get this economy going again. we're not playing a game. we're being serious. that offer yesterday was simply not serious. >> oh, boy. scrooge, rope-a-dope. where does that leave us after months of hearing about the fiscal cliff, no signs of a compromise plan yet. chief white house correspondent jessica yellin here now. jessica, what happened to all this, hey, willing to work together, let's compromise, let's do wha
here is boehner. >> the white house spends three weeks trying to develop a proposal and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount they're willing to cut. i mean, it is -- it was not a serious proposal. and so right now we're almost nowhere. >> what we will do is continue to take this as a serious matter. this is not a game....
164
164
Nov 30, 2012
11/12
by
CSPAN
tv
eye 164
favorite 0
quote 0
first we hear from speaker boehner. later senate democrats explain what they are looking for in negotiations with republicans. house speaker john boehner told reporters there has been no progress in two weeks of discussions on the fiscal cliff. his comments came on the same day guide ner made rounds on capitol hill. this is ten minutes. >> good morning, everyone. the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. on tuesday, we had productive conversation at the white house. despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. this is a moment for adult leadership. ca
first we hear from speaker boehner. later senate democrats explain what they are looking for in negotiations with republicans. house speaker john boehner told reporters there has been no progress in two weeks of discussions on the fiscal cliff. his comments came on the same day guide ner made rounds on capitol hill. this is ten minutes. >> good morning, everyone. the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public...
149
149
Nov 30, 2012
11/12
by
CSPAN
tv
eye 149
favorite 0
quote 0
host: let's hear from -- we heard from speaker john boehner before. let's hear from the senate majority leader harry reid responding to what has been out there regarding the fiscal cliff talks. this is from yesterday. >> republicans know where we stand. we've said it and said it and said it so many times. the president said the same thing. it's been at least two weeks since we met at the white house and we're still waiting for a serious offer from the republicans. really now is the time for the republicans to move past this happy talk about revenues, ill-defined of course, and put specifics on the table. the president made a proposal. we need a proposal from them. >> the proposal includes $1.6 trillion in new revenues. other proposals out. some deal with unspecified entitle cuts and some spending, there's a write-up in "usa today." we'll show you that during the course of this segment. but that's the proposal as far as it was delivered by the secretary. i suppose more reaction will come today. but we're getting your thoughts on ways to prevent this fr
host: let's hear from -- we heard from speaker john boehner before. let's hear from the senate majority leader harry reid responding to what has been out there regarding the fiscal cliff talks. this is from yesterday. >> republicans know where we stand. we've said it and said it and said it so many times. the president said the same thing. it's been at least two weeks since we met at the white house and we're still waiting for a serious offer from the republicans. really now is the time...
88
88
Nov 30, 2012
11/12
by
CSPAN
tv
eye 88
favorite 0
quote 0
if that happens will be under the leadership of john boehner. we will protect the middle- class. to force a balanced agreement we need republicans to come forward with something. it is time for republicans to do something. that is a balanced statement. the vast majority of democrats support. republican support this proposal. republicans need to show us they can help lead this country. >> we can debate within the november 6 election was a band- aid, but i do not think we can debate it was a work order. roll up your sleeves and work together and solve the problems. we get the message. did speaker banner get the message? what we hear is pain and frustration and annexed dealing with the tea party. there comes a part where he needs to look to the house and the nation. he has a responsibility. it will protect 98% of americans for a vote again to the house of representatives. he can do it before we break for christmas. he conceded those fortunate enough will pay a little more. working families across the board will be protected. that is what we've asked for. we realize this needs to be
if that happens will be under the leadership of john boehner. we will protect the middle- class. to force a balanced agreement we need republicans to come forward with something. it is time for republicans to do something. that is a balanced statement. the vast majority of democrats support. republican support this proposal. republicans need to show us they can help lead this country. >> we can debate within the november 6 election was a band- aid, but i do not think we can debate it was...
134
134
Nov 30, 2012
11/12
by
CSPAN
tv
eye 134
favorite 0
quote 0
thank you. >> those remarks from house speaker john boehner. and more about the fiscal cliff negotiations with house majority leader eric kantor. >> what was your reaction? >> you know, i think we have said that offer is not a serious offer. all of a sudden they're asking for $1.6 trillion in tax hikes and nowhere near that number in spending reforms. and what we've always said is we want to fix the problem. we want to make sure that we get a hand on these unfunded obligations connected with the into itment programs. we want to start the spending problem so we can then go about trying to manage down the debt and deaf sifment and we don't want to aggravate a struggling economy. we want to get people back to work, which is why again, we take the position that raising tax rates is absolutely not something that helps get people back to work. >> what was the importance of that, rather than just going ahead with visas that you agree are very, very important? >> well, again, what we believe is this was the first step forward in terms of trying to addr
thank you. >> those remarks from house speaker john boehner. and more about the fiscal cliff negotiations with house majority leader eric kantor. >> what was your reaction? >> you know, i think we have said that offer is not a serious offer. all of a sudden they're asking for $1.6 trillion in tax hikes and nowhere near that number in spending reforms. and what we've always said is we want to fix the problem. we want to make sure that we get a hand on these unfunded obligations...
52
52
Nov 30, 2012
11/12
by
CSPAN2
tv
eye 52
favorite 0
quote 0
essentially we are coming to an agreement with president obama and speaker boehner. whatever can be done now to get to that process, the sooner we get there, the better off we'll be. but we get there before the new year's? i don't know. the one reason addicted to the packets that process helped us get to an agreement where we had up and down some problems, but we eventually got there. that is the precedent that should be taken. my last point is value. what the dark side of the joint cbo for four and half years and then let cbo. for most of the past 10 years have been in the international budgeting community and a lot to say that particularly to the gentleman on my right, there is a tremendous value that is not recognized here in the u.s. value is as is pointed out the spending caps. the spending caps, let me make sure -- is picked expenditures. that has served as the precedent for a number of countries who have had successful fiscal and economic experience since. they include sweden, number one. they include space. they just instituted kinko's holland, chile, finland
essentially we are coming to an agreement with president obama and speaker boehner. whatever can be done now to get to that process, the sooner we get there, the better off we'll be. but we get there before the new year's? i don't know. the one reason addicted to the packets that process helped us get to an agreement where we had up and down some problems, but we eventually got there. that is the precedent that should be taken. my last point is value. what the dark side of the joint cbo for...
153
153
Nov 30, 2012
11/12
by
CURRENT
tv
eye 153
favorite 0
quote 0
any surprise that the president's proposal was outright rejected by speaker boehner? it was an "in your face" proposal to him. >> it was. i'm not surprised. i don't think any of us are surprised it was rejected. i think we're a little surprised, maybe a lot surprised it was put forward in the first place. this is really different. barack obama, this is a really different negotiating posture and position that he is starting from. if we look back to that horrible debt ceiling fiasco from last summer in 2011, i think we all remember how bleak that was that obama started his negotiating position really from a place that met the republicans more than halfway so he was going to be bound to end up meeting them in the final analysis. which is what happened. it was demoralizing. now, after re-election, he has been obviously very embowdenned. he's put forth something -- it is clear they won't accept it. they won't wake up tomorrow morning and think they want more stimulus spending. this is a strong move. >> eliot: it is exactly right. really, the president is almost moving away
any surprise that the president's proposal was outright rejected by speaker boehner? it was an "in your face" proposal to him. >> it was. i'm not surprised. i don't think any of us are surprised it was rejected. i think we're a little surprised, maybe a lot surprised it was put forward in the first place. this is really different. barack obama, this is a really different negotiating posture and position that he is starting from. if we look back to that horrible debt ceiling...
213
213
Nov 30, 2012
11/12
by
CURRENT
tv
eye 213
favorite 0
quote 0
downjohn boehner and is deliberately going against the american people. that's what makes it so funny. >> stephanie: it's so much fun. >> yes. >> stephanie: mike, go ahead. >> caller: you were saying that john boehner for four years has been standing up in press conference after press conference telling the american people what they want. now they're telling him what they want, he won't do anything. >> stephanie: the president made this point john, when he was elected. even in the exit polling even the people who didn't vote for me agree with me on this issue. >> exactly. and yet the republican people keep voting for republicans again. they're likely like rihanna and keep going back for more abuse. >> stephanie: lance, go ahead. >> caller: how. >> stephanie: good, go ahead. >> caller: i really enjoy you and the guys and i want to tell you that your show is one of favorite political shows. >> stephanie: thank you. >> caller: i got a couple of questions for you. you saw the other day where it said in the date of texas there would be more registered democrat
downjohn boehner and is deliberately going against the american people. that's what makes it so funny. >> stephanie: it's so much fun. >> yes. >> stephanie: mike, go ahead. >> caller: you were saying that john boehner for four years has been standing up in press conference after press conference telling the american people what they want. now they're telling him what they want, he won't do anything. >> stephanie: the president made this point john, when he was...
67
67
Nov 30, 2012
11/12
by
CURRENT
tv
eye 67
favorite 0
quote 0
but a few days ago john boehner said something very, very telling. he told politico, quote, which is a place for everything. hold everything. there is a price for everything. that, ladies and gentlemen is transactional politics at its finest. what will you give me to get what you want? so, today president obama dispatched his top economic advisor, his deputy to find out exactly what that price is. and that's treasury secretary timothy geithner net with the top four congressional leaders pelosi, ma con el, mcconnell and reid and he brought a specific plan from the white house with him. that plan from the president in trying to resolve the fiscal cliff asks for, $1.6 trillion in new revenue. and that's supposed to come from raising taxes on the wealthiest. the president's plan asks for an extension of the payroll tax cut. and an extension of unemployment insurance benefits. it asks for a deferral of those automatic sequester cuts to defense spending and to local -- to domestic spend being. and it also asks, i love this one, a multi-year stimulus packag
but a few days ago john boehner said something very, very telling. he told politico, quote, which is a place for everything. hold everything. there is a price for everything. that, ladies and gentlemen is transactional politics at its finest. what will you give me to get what you want? so, today president obama dispatched his top economic advisor, his deputy to find out exactly what that price is. and that's treasury secretary timothy geithner net with the top four congressional leaders pelosi,...
84
84
Nov 30, 2012
11/12
by
CURRENT
tv
eye 84
favorite 0
quote 0
believe me, he was speaking right at you john boehner. it's friday, it's "the war room," and we're just getting started. stick around. mints called mints? answer in a moment. brought to you by ice breakers mints. break the ice. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the market he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things like what the market is doing and being ready, no matter what happens which isn't rocket science. it's just common sense from td ameritrade. >> obama: i've been keeping my own naughty and nice list for washington. so you should keep your eye on who gets some correct th
believe me, he was speaking right at you john boehner. it's friday, it's "the war room," and we're just getting started. stick around. mints called mints? answer in a moment. brought to you by ice breakers mints. break the ice. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99....
182
182
Nov 30, 2012
11/12
by
CURRENT
tv
eye 182
favorite 0
quote 0
house speaker boehner said yesterday that he was seeing no progress in negotiations but the democrats, they don't really agree with that too much. they think the g.o.p. is ready to cave in and pass the plan that would extend the bush tax cuts for everyone except the top 2%. now, that's of course a pretty big gamble but since many republicans are calling for the same and back away from norquist's pledge, the democrats do feel like they have some pretty big leverage. that deal would just solve part of the problem and put much of the negotiations off until next year. we'll be right back. alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ male announcer ]
house speaker boehner said yesterday that he was seeing no progress in negotiations but the democrats, they don't really agree with that too much. they think the g.o.p. is ready to cave in and pass the plan that would extend the bush tax cuts for everyone except the top 2%. now, that's of course a pretty big gamble but since many republicans are calling for the same and back away from norquist's pledge, the democrats do feel like they have some pretty big leverage. that deal would just solve...
98
98
Nov 30, 2012
11/12
by
CURRENT
tv
eye 98
favorite 0
quote 0
here comes john boehner deciding he's going to draw a line again. >> without spending cuts and in title reforms it's impossible to address our country's debt crisis and get our economy going again and to grow jobs. right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president congressional democrats to tell the american people what spending cuts they're really willing to make. >> cenk: there he goes again spending cuts, enexcitement reform. we'll get to entitlement reform in a minute. they are huffing and puffing and laughing in tim geithner's face today. based on some articles that i have read, this morning i tweeted out: there is the unknown ones, how much are they going to increase taxes. i predicted 37-38% and capitol gains 20%-22%. i don't have definitive numbers for you sos i got it right but i read this today: >> cenk: now do you understand that? the clinton era rates are 39.5 wear. all along, president obama was saying i'm taking away the bush tax cuts, we're going back to the clinton era rates right? all of a
here comes john boehner deciding he's going to draw a line again. >> without spending cuts and in title reforms it's impossible to address our country's debt crisis and get our economy going again and to grow jobs. right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president congressional democrats to tell the american people what spending cuts they're really willing to make. >> cenk: there he goes again spending...
120
120
Nov 30, 2012
11/12
by
FBC
tv
eye 120
favorite 0
quote 0
speaker boehner. he looks like he's about had. >> yes, he came out of the white house meeting today and use the word were disappointed, which is very diplomatic for what happened. there is no mystery about barack obama. this is the man we have come to know for the last four years. he has no intention of compromising. no intention of cutting spending. he has never shown any indication of that. he has every intention of raising the rate and will not compromise. lou: steve murphy is shaking his head. why are you shaking your head? >> because the president thought he had a deal last year with the house of representatives. the president is willing to do this with mostly spending cuts. lou: is often about the negotiations for anyone to do that. [talking over each other] [talking over each other] lou: if you want, watch the markets tonight. lou: watch the markets in europe and asia with the rhetoric today from washington dc and you tell me how sanguine you are about a deadline around christmas. the markets,
speaker boehner. he looks like he's about had. >> yes, he came out of the white house meeting today and use the word were disappointed, which is very diplomatic for what happened. there is no mystery about barack obama. this is the man we have come to know for the last four years. he has no intention of compromising. no intention of cutting spending. he has never shown any indication of that. he has every intention of raising the rate and will not compromise. lou: steve murphy is shaking...
101
101
Nov 30, 2012
11/12
by
FBC
tv
eye 101
favorite 0
quote 0
. >> well, you know, speaker boehner had a president here in washington. he is very clear that he is not trying to impose his real. he says tax hikes just are not good for the economy. that money should be invested. you are hearing, though, from the white house, we have already put in place a trillion dollars of cuts. we have something on the table. we are the republican proposals. we are talking politics in that nobody wants to go first and really lay out what they are about for fear that there will be a tremendous political consequence on things like cuts to medicare. lori: those cuts, as you know, nearly not enough. the second quarter gdp reading extremely disappointed. let's just call a spade a spade. we know hurricane sandy will shave another point or so off of growth. >> i think it is. that is why despite all of this, what i think of as process, it is a lot of posturing. it is a lot of politicking. people still remain convinced that these guys cannot be serious. they cannot be serious about pushing us off the fiscal cliff because it will have bad res
. >> well, you know, speaker boehner had a president here in washington. he is very clear that he is not trying to impose his real. he says tax hikes just are not good for the economy. that money should be invested. you are hearing, though, from the white house, we have already put in place a trillion dollars of cuts. we have something on the table. we are the republican proposals. we are talking politics in that nobody wants to go first and really lay out what they are about for fear...
86
86
Nov 30, 2012
11/12
by
FBC
tv
eye 86
favorite 0
quote 0
the ball is now in john boehner's court. what do you think is going to happen? >> over the last four years, the republicans have tried to negotiate in good faith. even two years ago, when the first debt ceiling came up, they said they would put revenues on the table and try to work with our caucus on that. what can we get in return and the president said, basically, nothing. i will not do serious spending cuts. i am not going to do entitlement reform. i am not giving you anything. they came to the table thinking the president would meet them halfway and give them at least something that they want and the president is, yet again, not giving them anything. i think this is what the president wants. he wants the tax rates to go up. even if that means on everybody. that means more revenue going into the government. he wants the defense cuts. he proposed even more spending. 2 billion more in spending. connell: even from congress today, there have been republicans hear similar things. it does leave them and whatever that is, it does leave them in a tough spot. now, boe
the ball is now in john boehner's court. what do you think is going to happen? >> over the last four years, the republicans have tried to negotiate in good faith. even two years ago, when the first debt ceiling came up, they said they would put revenues on the table and try to work with our caucus on that. what can we get in return and the president said, basically, nothing. i will not do serious spending cuts. i am not going to do entitlement reform. i am not giving you anything. they...
48
48
Nov 30, 2012
11/12
by
FBC
tv
eye 48
favorite 0
quote 0
john boehner had a press conference followed one by senate democratic leaders, they were both chest thumping saying neither side of getting closer, but privately they are, republicans know that at some point they are going to have to give in and rates will increase because. democrats are saying they will not concede on raising rates. it is just been announced went last couple minutes that white house put a offer on table a deal that raises $1.6 trillion in revenue, house republicans say no way, they their is a jumping off point where they will begin the negotiations,. neil: you know, tom, people, you are head of one of the largest concerns on planet. so southern company, have you a real concern, no one is talking about lowering thaing that divid that, go 39.6%. for a lot of folks who invest in your company, that is their lifeblood. >> well, such a mistake, neil, when i think about that, why would the government want to put in place an incentive to introduce people to invest in riskier securities? dividend paying stocks are lower risk than those who are oriented toward capital gains, our shar
john boehner had a press conference followed one by senate democratic leaders, they were both chest thumping saying neither side of getting closer, but privately they are, republicans know that at some point they are going to have to give in and rates will increase because. democrats are saying they will not concede on raising rates. it is just been announced went last couple minutes that white house put a offer on table a deal that raises $1.6 trillion in revenue, house republicans say no way,...
86
86
Nov 30, 2012
11/12
by
FBC
tv
eye 86
favorite 0
quote 0
speaker john boehner and nancy pelosi threatened over the president had to go over the president had her go. we have two guests. welcome to you both. last night, we covered the details of the president's opening gambit in the fiscal cliff talk. he wants a $1.6 trillion tax increase, 50 billion and stimulus spending. and the white house has the ability to raise the debt ceiling without congressional approval. a very big deal for folks there. today, the president is out there, trying to drum up support among the public. not in washington or with congress or the senate. here is what he had to say. >> it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans in congress will middle-class tax cuts hostage simply because they don't want tax rates on upper income folks go up. gerri: it sounds like the same old, same old. the president has been making the same comments again. is this any way to sell a plan? >> there really is not. the president is not being serious about this. the fact that the president is out there campaigning on this rather than n
speaker john boehner and nancy pelosi threatened over the president had to go over the president had her go. we have two guests. welcome to you both. last night, we covered the details of the president's opening gambit in the fiscal cliff talk. he wants a $1.6 trillion tax increase, 50 billion and stimulus spending. and the white house has the ability to raise the debt ceiling without congressional approval. a very big deal for folks there. today, the president is out there, trying to drum up...
120
120
Nov 30, 2012
11/12
by
FBC
tv
eye 120
favorite 0
quote 0
john boehner offered a compromise and said you can have revenue. you asked for revenue, you asked it to come from the wealthy and we're giving it to you. let's talk about the form of what you take. the president refused to accept that offer and is starting all the way back before the beginning line with this offer nobody can accept. there is a very worrisome suspicion that is growing among some republicans in washington that this is purposeful. the president is attempting to run out the clock with a bunch of low proposals to the republicans in the corner and make them rush in the middle of a panic as we are about to fall off of the cliff to cut a deal. stuart: here's my problem. if you get a deal, anything like what the president has proposed, or if you go over the fiscal cliff full tilt, either way, you will have a recession and president obama's second term starts on a very negative note for the american economy. >> you put your finger on the problem. the point of having these fiscal cliff negotiations is to avoid what could lead to a recession,
john boehner offered a compromise and said you can have revenue. you asked for revenue, you asked it to come from the wealthy and we're giving it to you. let's talk about the form of what you take. the president refused to accept that offer and is starting all the way back before the beginning line with this offer nobody can accept. there is a very worrisome suspicion that is growing among some republicans in washington that this is purposeful. the president is attempting to run out the clock...
190
190
Nov 30, 2012
11/12
by
FBC
tv
eye 190
favorite 0
quote 0
house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises. let's take a look at metal. gold down about $17. even as the dollar falls against the euro. perhaps, you can blame it on the fiscal cliff. you can mention that silver is down more tightly. lots of things going on in the markets. coming up just a little bbt later in the show, you have to see this. talk about optimism. michael milken. remember him in the 90s? he was a real rock star when it came to backing small entrepreneurial ideas and companies and then became huge. now, he is all about doing the same for medicine did helping patient in funding research by teaming up with the national institute of health. m
house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises....
82
82
Nov 30, 2012
11/12
by
FBC
tv
eye 82
favorite 0
quote 0
peter: president obama and john boehner in front of cameras to make their cases in the battle over the fiscal cliff. the speaker said he is willing to move forward with negotiations in good faith after republicans rejected the president's first formal offer yesterday as being short on spending cuts, but it doesn't sound like anyone has put the brakes on the road to the coin. >> let's not kid ourselves. i am not trying to make this more difficult. i have been very guarded. i don't want to make it harder for me or the president or members of both parties to find common ground. >> this is not some run-of-the-mill debate, not about which political party can come out on top in negotiations and all of us get out of our comfort zones to make that happen. i am willing to do at and i am hopeful enough members of congress in both parties are willing to do that as well. >> the president's plan repeat his demand for $1.6 trillion over ten years on families making $250,000 a year and includes $400 billion in cuts, savings in medicare and medicaid and other entitlements over the same period. the pre
peter: president obama and john boehner in front of cameras to make their cases in the battle over the fiscal cliff. the speaker said he is willing to move forward with negotiations in good faith after republicans rejected the president's first formal offer yesterday as being short on spending cuts, but it doesn't sound like anyone has put the brakes on the road to the coin. >> let's not kid ourselves. i am not trying to make this more difficult. i have been very guarded. i don't want to...
82
82
Nov 30, 2012
11/12
by
FBC
tv
eye 82
favorite 0
quote 0
that was house speaker john boehner today putting to rest the idea that a fiscal cliff deal is on its way. some angry lawmakers are now saying the last three weeks have been a complete waste and that president obama's new detailed proposal is a total non-starter. hedge fund manager jonathan hoenig agrees. he joins us to tell us why he thinks the president's plan rests entirely punishing the minority, that is the rich. thanks for having you back on the show. >> hello, melissa. melissa: this is depressing topic you will make it light and happy for us somehow. >> there is nothing happy about wealth destruction that is exactly what president is doing. you raised a very important point. why is it the president's plan to fix the economic calamity specifically reinvolves hurting minority, as you point out the so-called rich? redistribution is once again the center of his proposal. it is not only immoral but impractical as well. we're talking about 1.6 dro trillion coming out of the economy, coming out of invests, not being put into new jobs and new businesses being sent to washington instead
that was house speaker john boehner today putting to rest the idea that a fiscal cliff deal is on its way. some angry lawmakers are now saying the last three weeks have been a complete waste and that president obama's new detailed proposal is a total non-starter. hedge fund manager jonathan hoenig agrees. he joins us to tell us why he thinks the president's plan rests entirely punishing the minority, that is the rich. thanks for having you back on the show. >> hello, melissa. melissa:...
198
198
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 198
favorite 0
quote 1
loser speaker of the house john boehner. he offered the president a peace pipe and got in return a demand that he turned over his sword, his shirt and at the end his trousers. that is a rather embarrassing position for the speaker. >> bret: he will be asked about it on "fox news sunday" with chris wallace. that is it for the panel. but stay tuned to see one thing congress did accomplish today. victor! victor! i got your campbell's chunky soup. mom? who's mom? i'm the giants mascot. the giants don't have a mascot! ohhh! eat up! new jammin jerk chicken soup has tasty pieces of chicken with rice and beans. hmmm. for giant hunger! thanks mom! see ya! whoaa...oops! mom? i'm ok. grandma? hi sweetie! she operates the head. [ male announcer ] campbell's chunky soup. it fills you up right. >> bret: finally tonight, the big power ball lottery is over but the house had its own lottery today the office lottery for the incoming class of house freshman who become lawmakers early next year. this is a really big deal. they draw lots for the
loser speaker of the house john boehner. he offered the president a peace pipe and got in return a demand that he turned over his sword, his shirt and at the end his trousers. that is a rather embarrassing position for the speaker. >> bret: he will be asked about it on "fox news sunday" with chris wallace. that is it for the panel. but stay tuned to see one thing congress did accomplish today. victor! victor! i got your campbell's chunky soup. mom? who's mom? i'm the giants...
167
167
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 167
favorite 0
quote 0
john boehner believes they are going nowhere fast. their frustration is the president campaigned on raising taxes of $800 billion and the proposal yesterday was $1.6 billion in taxes, but there is also new spending, about $50 billion. john boehner teed off on that. >> the white house spent three weeks trying to develop a proposal and they sent one up here that calls for $1.6 trillion in new taxes. calls for not even $400 billion in cuts, and they want to have this extra spending that's actually greater and the amount they are willing to cut. it's different was not a serious proposal. >> reporter: boehner saying he stuck his neck out the day after the elect when he said he would put tax revenues on the table. he believes there is very little progress on the white house side in terms of spending cuts. so the boehner position is until the white house puts more spending cuts on the table he's not ready to kit a deal. the white house position is you have got to move forward on this tax position and we'll deal with spending cuts later. they
john boehner believes they are going nowhere fast. their frustration is the president campaigned on raising taxes of $800 billion and the proposal yesterday was $1.6 billion in taxes, but there is also new spending, about $50 billion. john boehner teed off on that. >> the white house spent three weeks trying to develop a proposal and they sent one up here that calls for $1.6 trillion in new taxes. calls for not even $400 billion in cuts, and they want to have this extra spending that's...
145
145
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 145
favorite 0
quote 0
speaker boehner says he is waiting to see those. >>shepard: a lot of the president's base criticized him in their mind from negotiating from a point of weakness. a lot of that, he could be going for that base, they have a long way to go before republicans will play. >>guest: they do. talking of the political bases on the conservative side, there is a lost treasure on speaker boehner to not give in on what is the holy grill for them, which is not raising tax rates. so speaker boehner reiterated today that he would be willing to wipe out some deductions and make other tax changes but he wants to lower rates. not race rates the he had choice words for the president. >> i took a great risk. the white house spent three weeks frying to develop a proposal, with one up here that calls for $1.6 trillion in new taxes. calls for not even $400 billion in cuts. and they want to have this extra spending that is actually greater than the amount they are willing to cut. it was not a serious proposal. so right now we are almost nowhere. >>reporter:
speaker boehner says he is waiting to see those. >>shepard: a lot of the president's base criticized him in their mind from negotiating from a point of weakness. a lot of that, he could be going for that base, they have a long way to go before republicans will play. >>guest: they do. talking of the political bases on the conservative side, there is a lost treasure on speaker boehner to not give in on what is the holy grill for them, which is not raising tax rates. so speaker boehner...
160
160
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 160
favorite 0
quote 0
>>guest: not john boehner, and mcconnell is not either. you heard yesterday when treasury secretary geithner put the plan on the table, mcconnell literally laughed out loud because they saw sticker shot on republican side. they believe the president campaigned on $800 billion tax increases back over the last few months and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about adding new taxes on capital gains, dividends, et cetera. the push back is the president campaigned on this and he believes he won that argument, and he believes that once republicans give in on the tax argument, at least extend the bush rates for the middle class, as the president says, 98 percent, basically, he will talk about spending cuts and i think that is the other frustration republicans have, they think if they give in on taxes, now, with a promise of spending cuts later, those cuts will never materialize. >>neil: do folks at white house think there wi
>>guest: not john boehner, and mcconnell is not either. you heard yesterday when treasury secretary geithner put the plan on the table, mcconnell literally laughed out loud because they saw sticker shot on republican side. they believe the president campaigned on $800 billion tax increases back over the last few months and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about...